IDBI MIP (India) Probability of Target Price Finishing Over Current Price

    IDBIMIPQTDIV -- India Fund  

     13.05  0.00  0.00%

    IDBI MIP probability of target price tool provides mechanism to make assumptions about upside and downside potential of IDBI MIP Qt Div performance during a given time horizon utilizing its historical volatility. Please specify IDBI MIP time horizon, a valid symbol (red box) and a target price (blue box) you would like IDBI MIP odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    IDBI MIP Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13.05 30 days 13.05  ABOUT 22.53%
    Based on normal probability distribution, the odds of IDBI MIP to move above current price in 30 days from now is about 22.53% (This IDBI MIP Qt Div probability density function shows the probability of IDBI MIP Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, IDBI MIP has beta of 0.0 . This indicates the returns on DOW and IDBI MIP do not appear to be highly reactive. Additionally It does not look like the company alpha can have any bearing on the equity current valuation.
     IDBI MIP Price Density 
    Alpha over DOW
    Beta against DOW=0.00
    Overall volatility
    Information ratio =0.00

    IDBI MIP Alerts

    IDBI MIP Alerts and Suggestions

    IDBI MIP Qt is not yet fully synchronised with the market data
    Please also check Risk vs Return Analysis. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.